Top News:
Ben Smith / New York Times:
While autocrats crack down on independent journalism in Malaysia, Russia, China, Egypt, the Philippines, Hungary, and elsewhere, the US looks the other way — Independent journalism is on the defensive, from Hungary to Malaysia. — Like many American media types, I spent a lot …
Discussion:
@benyt, @jayshams, @katherinemiller, @lattif, @josheidelson, @nilanjanaroy, @edmundlee, The Morning Missive, Reason, @jason_kint, @rosstapsell, @aaschapiro, @jamescrabtree, @miriamelder, @suilee, @liyuan6, @aaschapiro, @liamstack, @williamyang120, @davidakaye, @anthony, @markdistef, @taramfrancis, @craigscottca, @virginiahughes, @kongtsunggan, @nytimes, @luzmelyreyes and @blakehounshell
Kevin G. Hall / McClatchy Washington Bureau:
Chatham Asset Management, McClatchy's largest creditor, has won an auction to buy the bankrupt local news company — Chatham Asset Management, the New Jersey hedge fund that is McClatchy Co.'s largest creditor, has won an auction to buy the bankrupt local news company.
Discussion:
Nieman Lab, American Press Institute, Wall Street Journal, McClatchy Co, The Wrap, New York Times, @cezary, USA Today, @jkbjournalist, @mtdukes, Axios, The Week, @meredithshiner, @tomgara, @marmel, @lisaabramowicz1, @bgrueskin, @bgrueskin, @eclisham, @campbellsl, @wsj, @tclift, @mrdrew_taylor, @kdoctor, @asharma, @stevekopack, @carlos_frias, @will_bunch, The Desk, The Hill and Bloomberg
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Rick Edmonds / Poynter:
Chatham, which has been in a position to influence McClatchy for some time, seems unlikely to make deep cuts or take other radical action after its acquisition — McClatchy owns 30 daily newspapers across the U.S., including the Miami Herald and The Kansas City Star
Discussion:
@jeffburlew and @poynter
Kevin Draper / New York Times:
Black employees at ESPN, prompted by nationwide conversations on systemic racism, detail their own negative experiences with long-entrenched practices — In meetings and conversations among colleagues, ESPN employees have criticized the career pipeline and diversity of top leadership, eliciting a promise from executives to do better.
Discussion:
Awful Announcing, @sabrinasiddiqui, @kevinmdraper, @theonlyhonest, @bubbaprog, @drrubidium and @marcatracy
Todd Spangler / Variety:
SiriusXM will buy E.W. Scripps' podcast network and producer unit Stitcher for $325M; Scripps says Stitcher had $72.5M in 2019 revenue — According to E.W. Scripps, the $325 million price tag represents a return of more than 100% in its investment in podcasting over the last five years.
Lucas Shaw / Bloomberg:
Sources: Audible's new chief content officer Brad Schwartz is out, after Audible employees found an old sexual-harassment lawsuit at Pop in which he was named — Brad Schwartz was supposed to help the Amazon division challenge Spotify in podcasting — About a month after Audible announced …
Discussion:
@lucas_shaw, @lucas_shaw, Deadline, Hollywood Reporter, The Wrap and Variety
Lindsey Ellefson / The Wrap:
CNN to launch a new team covering race and systemic racism that will contribute to all CNN platforms and be led by Delano Massey, a recent hire from AP — CNN is launching “a new and expanded race team” after the weeks-long national conversation around race and racism, network president Jeff Zucker told staff Monday.
Discussion:
TVNewser and @davidfolkenflik
David McCabe / New York Times:
In a May filing to Australia's antitrust regulator, Google said it doesn't control enough of the digital ad market to overcharge customers or block competitors — A document sent by the search giant to Australian regulators argues that the company doesn't control enough of the digital ad industry …
Discussion:
@dmccabe, more at Techmeme »
Emily Bell / Columbia Journalism Review:
While many news orgs have celebrated the discomfort of Facebook, many haven't joined the ad boycott as few have the scale to forgo Facebook's distribution power — Mark Zuckerberg and Noam Chomsky are strange bedfellows in this political moment, but both found themselves on the same side …
Discussion:
@edyong209, The Wrap, things I read …, Exchange the Experience, The Guardian, @cjr, @cjr, @sophienadeau and @alexaborchardt
Robert Channick / Chicago Tribune:
Chicago media orgs rethink business models and look for alternative funding during the pandemic: “There's never been a more challenging time for newsrooms” — The COVID-19 pandemic has taken a toll on Chicago media. — From furloughs and layoffs to ceasing operations …
Discussion:
@joec2319, @illinoiscivics, @chicagotribune and @chicagotribune
Hannah Murphy / Financial Times:
Inside Facebook's clubby network of invitation-only advertiser groups, called client councils, which use a mix of perks and pressure to keep brands close — Social media company uses a mixture of perks and pressure to keep brands close — Facebook likes to roll out the red carpet …
Discussion:
@financialtimes, @rajit_h, @ceektechnology, @loupas, @jason_kint, @kloussikian, @alexhern, @daveleeft and @jason_kint, more at Techmeme »
Sahil Patel / Wall Street Journal:
Mediaocean, which provides TV advertising software, to acquire 4C Insights, which offers ad tools for streaming video and social media, source says for $150M+ — 4C Insights offers ad tools for streaming video and social media — Mediaocean LLC, a firm best known for its TV advertising software …
Discussion:
Adweek, @sizpatel, Beet.TV and @digitalshields
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